37. Farmland, Family, and the Tax Trap with JR Glenn
Manage episode 474935895 series 3551232
Farmland prices are soaring, turning family farms into multi-million dollar estates—but without the cash to cover the taxes. In this must-listen episode, attorney JR Glenn helps break down how estate taxes, especially in states like Illinois, can force farm sales and tear families apart.
Learn how to:
- Navigate the $4M state vs. $13.9M federal estate tax gap
- Use gifting, titling, and trusts to protect the land
- Avoid family fallout through better communication
Don't lose the farm to taxes—or silence. Start the conversation now.
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